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Real Estate & Property Law

: Housing Wire

Fed Orders Credit Suisse to Cease and Desist

By DIANA GOLOBAY

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The Federal Reserve Board on Wednesday issued a Cease and Desist order against global financial services firm Credit Suisse. The order requires Credit Suisse to improve its program to comply with US economic sanctions requirements on a global basis. Credit Suisse’s supervisor, the Swiss Financial Markets Supervisory Authority, agreed to assist the Fed in executing the order [...]

Full post as published by Housing Wire on December 16, 2009 (boomark / email).

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